August 17 Pancake Next Week's Thoughts:
The target of 1240 given last week has also been precisely achieved. From the market perspective, the upward trend remains unchanged next week, and we can continue to look towards the previous high of 1240. If it can hold above this level, we can further look towards 1280.
If the market breaks below 1160, then the lower target looks towards the 1100-1120 range.
